Redwood Alphafactor Tactical Fund Price History
RWIIX Fund | USD 14.41 0.03 0.21% |
Below is the normalized historical share price chart for Redwood Alphafactor Tactical extending back to November 02, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Redwood Alphafactor stands at 14.41, as last reported on the 23rd of November, with the highest price reaching 14.41 and the lowest price hitting 14.41 during the day.
If you're considering investing in Redwood Mutual Fund, it is important to understand the factors that can impact its price. Redwood Alphafactor maintains Sharpe Ratio (i.e., Efficiency) of -0.0691, which implies the entity had a -0.0691% return per unit of risk over the last 3 months. Redwood Alphafactor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Redwood Alphafactor's Risk Adjusted Performance of (0.04), variance of 0.5844, and Coefficient Of Variation of (1,835) to confirm the risk estimate we provide.
Redwood Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Redwood |
Sharpe Ratio = -0.0691
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RWIIX |
Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Redwood Alphafactor is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Redwood Alphafactor by adding Redwood Alphafactor to a well-diversified portfolio.
Redwood Alphafactor Mutual Fund Price History Chart
There are several ways to analyze Redwood Alphafactor Tactical Fund price data. The simplest method is using a basic Redwood candlestick price chart, which shows Redwood Alphafactor price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 27, 2024 | 15.39 |
Lowest Price | September 11, 2024 | 14.17 |
Redwood Alphafactor November 23, 2024 Mutual Fund Price Synopsis
Various analyses of Redwood Alphafactor's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Redwood Mutual Fund. It can be used to describe the percentage change in the price of Redwood Alphafactor from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Redwood Mutual Fund.Redwood Alphafactor Price Action Indicator | (0.01) | |
Redwood Alphafactor Price Rate Of Daily Change | 1.00 |
Redwood Alphafactor November 23, 2024 Mutual Fund Price Analysis
Redwood Mutual Fund Price History Data
The price series of Redwood Alphafactor for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 1.22 with a coefficient of variation of 2.01. The price distribution for the period has arithmetic mean of 14.8. The median price for the last 90 days is 14.83. The company had dividends distributed to its stock-holders on 12/27/2019.Open | High | Low | Close | Volume | ||
11/23/2024 | 14.41 | 14.41 | 14.41 | 14.41 | ||
11/22/2024 | 14.44 | 14.44 | 14.44 | 14.44 | 1.00 | |
11/21/2024 | 14.42 | 14.42 | 14.42 | 14.42 | 1.00 | |
11/20/2024 | 14.41 | 14.41 | 14.41 | 14.41 | 1.00 | |
11/19/2024 | 14.42 | 14.42 | 14.42 | 14.42 | 1.00 | |
11/18/2024 | 14.41 | 14.41 | 14.41 | 14.41 | 1.00 | |
11/15/2024 | 14.34 | 14.34 | 14.34 | 14.34 | 1.00 | |
11/14/2024 | 14.34 | 14.34 | 14.34 | 14.34 | 1.00 | |
11/13/2024 | 14.37 | 14.37 | 14.37 | 14.37 | 1.00 | |
11/12/2024 | 14.46 | 14.46 | 14.46 | 14.46 | 1.00 | |
11/11/2024 | 14.67 | 14.67 | 14.67 | 14.67 | 1.00 | |
11/08/2024 | 14.70 | 14.70 | 14.70 | 14.70 | 1.00 | |
11/07/2024 | 14.89 | 14.89 | 14.89 | 14.89 | 1.00 | |
11/06/2024 | 14.67 | 14.67 | 14.67 | 14.67 | 1.00 | |
11/05/2024 | 14.85 | 14.85 | 14.85 | 14.85 | 1.00 | |
11/04/2024 | 14.72 | 14.72 | 14.72 | 14.72 | 1.00 | |
11/01/2024 | 14.64 | 14.64 | 14.64 | 14.64 | 1.00 | |
10/31/2024 | 14.64 | 14.64 | 14.64 | 14.64 | 1.00 | |
10/30/2024 | 14.79 | 14.79 | 14.79 | 14.79 | 1.00 | |
10/29/2024 | 14.86 | 14.86 | 14.86 | 14.86 | 1.00 | |
10/28/2024 | 14.96 | 14.96 | 14.96 | 14.96 | 1.00 | |
10/25/2024 | 14.88 | 14.88 | 14.88 | 14.88 | 1.00 | |
10/24/2024 | 14.82 | 14.82 | 14.82 | 14.82 | 1.00 | |
10/23/2024 | 14.82 | 14.82 | 14.82 | 14.82 | 1.00 | |
10/22/2024 | 14.89 | 14.89 | 14.89 | 14.89 | 1.00 | |
10/21/2024 | 14.97 | 14.97 | 14.97 | 14.97 | 1.00 | |
10/18/2024 | 15.07 | 15.07 | 15.07 | 15.07 | 1.00 | |
10/17/2024 | 14.98 | 14.98 | 14.98 | 14.98 | 1.00 | |
10/16/2024 | 15.01 | 15.01 | 15.01 | 15.01 | 1.00 | |
10/15/2024 | 15.03 | 15.03 | 15.03 | 15.03 | 1.00 | |
10/14/2024 | 15.21 | 15.21 | 15.21 | 15.21 | 1.00 | |
10/11/2024 | 15.18 | 15.18 | 15.18 | 15.18 | 1.00 | |
10/10/2024 | 15.14 | 15.14 | 15.14 | 15.14 | 1.00 | |
10/09/2024 | 15.12 | 15.12 | 15.12 | 15.12 | 1.00 | |
10/08/2024 | 15.15 | 15.15 | 15.15 | 15.15 | 1.00 | |
10/07/2024 | 15.31 | 15.31 | 15.31 | 15.31 | 1.00 | |
10/04/2024 | 15.22 | 15.22 | 15.22 | 15.22 | 1.00 | |
10/03/2024 | 15.17 | 15.17 | 15.17 | 15.17 | 1.00 | |
10/02/2024 | 15.25 | 15.25 | 15.25 | 15.25 | 1.00 | |
10/01/2024 | 15.24 | 15.24 | 15.24 | 15.24 | 1.00 | |
09/30/2024 | 15.23 | 15.23 | 15.23 | 15.23 | 1.00 | |
09/27/2024 | 15.39 | 15.39 | 15.39 | 15.39 | 1.00 | |
09/26/2024 | 15.19 | 15.19 | 15.19 | 15.19 | 1.00 | |
09/25/2024 | 14.94 | 14.94 | 14.94 | 14.94 | 1.00 | |
09/24/2024 | 15.04 | 15.04 | 15.04 | 15.04 | 1.00 | |
09/23/2024 | 14.82 | 14.82 | 14.82 | 14.82 | 1.00 | |
09/20/2024 | 14.76 | 14.76 | 14.76 | 14.76 | 1.00 | |
09/19/2024 | 14.83 | 14.83 | 14.83 | 14.83 | 1.00 | |
09/18/2024 | 14.56 | 14.56 | 14.56 | 14.56 | 1.00 | |
09/17/2024 | 14.60 | 14.60 | 14.60 | 14.60 | 1.00 | |
09/16/2024 | 14.56 | 14.56 | 14.56 | 14.56 | 1.00 | |
09/13/2024 | 14.52 | 14.52 | 14.52 | 14.52 | 1.00 | |
09/12/2024 | 14.43 | 14.43 | 14.43 | 14.43 | 1.00 | |
09/11/2024 | 14.17 | 14.17 | 14.17 | 14.17 | 1.00 | |
09/10/2024 | 14.21 | 14.21 | 14.21 | 14.21 | 1.00 | |
09/09/2024 | 14.34 | 14.34 | 14.34 | 14.34 | 1.00 | |
09/06/2024 | 14.38 | 14.38 | 14.38 | 14.38 | 1.00 | |
09/05/2024 | 14.55 | 14.55 | 14.55 | 14.55 | 1.00 | |
09/04/2024 | 14.57 | 14.57 | 14.57 | 14.57 | 1.00 | |
09/03/2024 | 14.75 | 14.75 | 14.75 | 14.75 | 1.00 | |
08/30/2024 | 14.88 | 14.88 | 14.88 | 14.88 | 1.00 |
About Redwood Alphafactor Mutual Fund history
Redwood Alphafactor investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Redwood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redwood Alphafactor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Redwood Alphafactor stock prices may prove useful in developing a viable investing in Redwood Alphafactor
The Adviser employs an investment approach designed to track the performance of the Advisers proprietary index, the Redwood AlphaFactor Tactical International Index. The index utilizes a quantitative, factor-based, investment methodology focused on large and middle capitalization common stocks of both developed and emerging markets outside of the United States, typically of companies with market capitalizations of greater than 2 billion.
Redwood Alphafactor Mutual Fund Technical Analysis
Redwood Alphafactor technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Did you try this?
Run Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
All Next | Launch Module |
Redwood Alphafactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Redwood Alphafactor's price direction in advance. Along with the technical and fundamental analysis of Redwood Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redwood to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (1.43) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Redwood Mutual Fund
Redwood Alphafactor financial ratios help investors to determine whether Redwood Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Redwood with respect to the benefits of owning Redwood Alphafactor security.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |